A benchmark index is comprised of three stocks. The prices of the stocks for yesterday and today are in the following table. Stock A has a two-to-one split today:

a) Calculate the index value at time 1 and the rate of return if you use price-weighted method and assume the divisor for time 1 is 2.6. b)Calculate the rate of return if you use market value-weighted method.

Stock	Price0	Quantity0	P1	Q1
A	$100	25	$50	50
B	30	80	40	80
C	150	50	175	50